web analytics
September 16, 2014 / 21 Elul, 5774
At a Glance
InDepth
Sponsored Post
Apartment 758x530 Africa-Israel at the Israel Real Estate Exhibition in New York

Africa Israel Residences, part of the Africa Israel Investments Group led by international businessman Lev Leviev, will present 7 leading projects on the The Israel Real Estate Exhibition in New York on Sep 14-15, 2014.



Home » InDepth » Op-Eds »

WSJ, Facebook, Intel, Amazed by Israel’s High Tech

Straight from the Jerusalem Boardroom #185, October 28, 2013
IsraelHighTech

Originally published at The Ettinger Report.

1.  Nicola Mendolsohn, Facebook Vice President: “Facebook was amazed by the amount of talent in a small country like Israel [5,000 tech companies].  It was a momentous decision for Facebook to open its first R&D center outside the US in Israel.  We chose Israel in the knowledge that the best talent is found here.  Onavo, the Israeli company that we acquired [for $150MN] will help Facebook achieve its vision of linking the largest number of users possible (Jerusalem Post, Oct. 16, 2013).” The German global software giant, SAP invests $75MN in a new building for its Israel Center (Globes, Oct. 15).

2.  Intel Capital, Intel’s investment arm, is expanding its portfolio of over-60-Israeli-companies, investing $10MN in three additional Israeli companies (Globes Business Daily, Oct. 24).

3.  The Boston-based HarbourVest led a $35MN round of private placement by Israel’s Outbrain, joined by the Menlo Park-based Lightspeed Venture, Geneva-based Index Ventures and leading Israeli VC funds (Globes, Oct. 24).

4.  Israel is a global leader in the development of water technologies.  Export of water technologies was $2BN in 2012, 170% increase in six years, expected to reach $2.2BN in 2013.  280 Israeli companies develop water technologies, 150 are export-oriented (Globes, Oct. 22).

5.  Wall Street Journal (Ben Rooney), Oct. 24: It is extremely hard not to be a bit star-struck by the Israeli technology scene…. ‘It is Silicon Valley for the rest of the world’ said Saul Klein, a London-based venture capitalist…. ‘On a scale of one to 10, the innovation I see in Germany would be close to zero. In Israel, it is a 10,’ said Mark Tluszcz, co-founder of Mangrove Capital Partners, a Luxembourg-based venture firm…. What’s the secret? Reasons include the role of the Israeli Defense Forces, and in particular the high-tech Unit 8200; the unique cultural values of a country forged from centuries of oppression; and Jewish mothers…. The link with America remains as strong as ever. If you look at the flight schedules into Tel Aviv, there are just three direct flights a week from Beijing, and another three from Seoul. There are at least that many a day from the U.S.”

About the Author: Ambassador (ret.) Yoram Ettinger is consultant to Israel’s Cabinet members and Israeli legislators, and lecturer in the U.S., Canada and Israel on Israel’s unique contributions to American interests, the foundations of U.S.-Israel relations, the Iranian threat, and Jewish-Arab issues.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

One Response to “WSJ, Facebook, Intel, Amazed by Israel’s High Tech”

  1. I am so proud of Israel's sophisticated and superior technology. That is why we need to protect her as an ally and as a great help to the rest of the world.

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
Former Auschwitz guard Oskar Groening watched as Nazis murdered Jews.
Ex-Auschwitz Guard Charged with 300,000 Counts of Accessory to Murder
Latest Indepth Stories
Donny-Fuchs-medium

Originally scheduled to be held elsewhere, the hotel canceled, pressured by local missionary groups

syria_stratfo

It’s likely that some of the rebel factions, including US clients, have indeed made pacts with ISIS

Phyllis Chesler

Imam Tafsirli of the Harlem Islamic center: “You cannot be a Muslim without believing in Jesus”

Gas Pump

If simple fuel choice were implemented, the power of petroleum and those who sell it would cease.

Value of IS: It enables people to see the place to which all other Islamist fascism is headed.

“When Frank does something he does it well and you don’t have to worry about dotting the i’s or crossing the t’s.”

President Obama: “ISIL is not Islamic. No religion condones the killing of innocents”

he time of the Uman pilgrimage is upon us, and we dare not ignore the opportunity to highlight the danger.

Healing requires that the victim be validated for being harmed and the guilty assume responsibility.

During the war, not once was Hashem’s name mentioned to the nation by Israel’s PM or gov’t officials

How many illegal Arab structures are there in the city? Why are they not being destroyed?

We did not win the war in Gaza because we are still captive to the concept of the 2 state solution.

Trapped in a false notion of power, America will lose the battle in the same way Israel now loses.

It’s a cliché, but nonetheless true that 9/11 changed my life. There is evil in the world. Our grandparents were right.

More Articles from Yoram Ettinger
0.5-Shekel-hatasham-RJP

The War projects to lower Israel’s 2014 GDP 0.5% but will have little influence on foreign investors

Just don't mention that the terrorists were Muslims

Pres. Obama claims there’s no Islam-driven terrorism or radicalism, only “local” cases of terrorism.

Kerry is preoccupied with pressuring Israel, notwithstanding the transformation of the Arab Spring .

Regional pro-US Arab countries rely on Israel as a deterrence to rogue Islamic regimes.

The 49 days between Passover and Shavou’ot are dedicated to enhancing one’s behavior, following in the footsteps of the Jews, who forged/enhanced their own national character during the 40 years in the desert.

The elimination of Jews was the top priority of the Grand Mufti of Jerusalem, Haj Amin al-Husseini.

Abbas – an ally of Saddam Hussein, North Korea, Iran, Cuba and Venezuela – provides Hamas with a vital tailwind.

The 1948 re-establishment of Jewish sovereignty was a modern day Exodus and Parting of the Sea.

Printed from: http://www.jewishpress.com/indepth/opinions/wsj-facebook-intel-amazed-by-israels-high-tech/2013/10/28/

Scan this QR code to visit this page online: